The reason why we feel EURUSD may SINK.
* On weekly basis it has just started moving DOWN.
* Bullish Engulfing in weekly Chart .
* To SINK and come near .9627 levels
* Stoch RSI (3,3,14,Close) is Sinking.
* RSI (14,CLOSE) is Sinking.
* CCI (20,CLOSE) is Sinking.
Keeping all the above indicators in view along with the chart pattern we expect it to SINK. Our SELL call shall be from SELL BELOW :.9816, SL:.9826, Tgt 01:.9627. The view expressed here is on weekly basis. [b]Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.